B2B Health-Tech Platform Raising Funds In Kochi
Product / Service
It is a global B2B platform built to facilitate exports of Indian-made medical devices to emerging global markets such as Africa, and Asia.
Clientele type
They have onboarded over 250 manufacturers, offer more than 7,000 products, generated over 2,000 leads, and successfully closed 250 orders.
Premises
They are working remotely.
Asking Price Includes
10%-15% Dilution of equity.
Reason
Expansion of business through marketing, tech advancement, and more.fmed
Other Details
One of their core strengths is their team of dedicated professionals. With over 20 passionate and experienced members, they operate as a tight-knit group based in Kerala, India. The team members, affectionately known as "Moms," bring diverse expertise and a profound understanding of the pharma manufacturing industry, collectively amassing over 20 years of experience. This amalgamation of industry knowledge, innovative thinking, and a customer-centric approach empowers them to develop customized solutions that cater to the specific requirements of their buyers and suppliers. They firmly believe in their ability to revolutionize the medical device supply chain in India and beyond. By bridging the gap between foreign consumers and Indian producers, they create opportunities for growth, collaboration, and mutual development. Additionally, they have future plans to organize exhibitions aimed at connecting international buyers. Furthermore, they have additional revenue models in the pipeline, which can be further explored through a call for detailed discussions. About the team: Founder & CEO- 20+ years of experience in medical device industry. Founder and CEO of neonatal medical device manufacturing company since 2008. A successful exit from a medical device manufacturing company. Co-Founder & CTO- 20 Years of corporate experience in various fields including product management, SEO, UI/UX etc. Worked with global giants like Amazon, Accenture, OLA etc. Deep understanding of B2B platforms and practical experience building Ola's B2B platform for rides. Co-Founder & Mentor- With a post-graduate degree in Management, this professional has successfully transitioned from being an employee to becoming an entrepreneur, accumulating over four decades of invaluable experience. His expertise primarily encompasses the realms of Technology, Marketing, and Entrepreneurship.
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?